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0 Baths
5,760 sqft

$655,000

21715 State Highway 131 NA, Phippsburg CO, 80469

Price per sqft$113.72
Built in2001
Property size5,760 sqft
Property typeCommercial

Overview

Sold

Closed

Listed Aug 20, 2024

Updated Jun 15

On US 40 in Phippsburg, Flat Tops Storage is well-located for Routt County residents, as well as anyone traveling south or west for recreation. The two-story building has 40 units in varying sizes from 5’x10’ units to 15’x20’ garages. Historical occupancy is approximately 90% and reservations and payments are managed on-line. The business has a strong cash flow and upside potential via additional occupancy or increased lease rates on the garages. This is an established, turn-key opportunity for someone looking to acquire a business with strong fundamentals and proven cash flow. Storage business continue to do well and experience low vacancy rates as the population of Routt County grows with outdoor users needing to store seasonal toys, equipment and personal belongings.

Additional information

MLS® ID
S1053127

Interior Features

Bathrooms
0
Basement
No

Exterior Features

Lot Size
0.28 Acres

Other Property Details

Taxes
$10,255
Tax Frequency
Annually

 

Courtesy of The Agency Steamboat Springs, Christopher Sias,
Listing Contact: (970) 819-5543 

The information displayed herein was derived from sources believed to be accurate, but has not been verified by SAR MLS. Buyers are cautioned to verify all information to their own satisfaction. Any republication or reproduction of the information herein without the express permission of the SAR MLS is strictly prohibited. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Neither listing broker(s) nor Adrienne Stroock shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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